Contact Information
Mac Napurano
Mobile Home Park Details
- Price: $650,000
- Purchase Method: Cash, New Loan
- Listing ID: 6806615
- Posted On: Jan 17, 2025
- Updated On: Jan 27, 2025
Description
17 total lots
15 lots with homes
Mostly 3-bedroom homes with 2-3 two-bedroom units
Tenant mix: Majority Park-owned homes
Most tenants on month-to-month leases
Utilities:
Water: City provided, direct bill
Sewer: City provided, direct bill
Electricity: City provided, direct bill
Water Lines: PEX material
Sewer Lines: PVC material
Roads: Asphalt construction
Flood Plain Status: None
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Park Information
Number of MH Lots: | 17 |
Total Occupancy: | 88.0 % |
Financial Information (Pro Forma)
Gross Income: | $132,000 |
Operating Expense: | $18,705 |
Net Operating Income: | $113,295 |
Expense Ratio: | 14.2 % |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |